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The arithmetic mean is different from the geometric mean or harmonic and the expected value of random variable, also called the average population. Mean is the mathematical average of all the terms i.e. the values of all terms and divided by the number of terms which results in the mean and it might not be equal to the population mean exactly; by chance it will be a little bit higher or a little bit lower. This is also called the arithmetic mean. The average number of sets X1, X2, ..., Xn is usually identified, pronounced as X bar. The mean is often quoted with standard deviation: the mean describes the central location of data, and the standard deviation describes the spread. Another measure of spread is the mean deviation, which equals the average absolute deviation of the mean. Means often used in geometry and analysis and in a wide range of resources that is not much in the statistics.
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